You read that correctly. Not my car loan payment. My lone car payment. Today I took our 2004 Toyota Corolla to get it’s annual maintenance. When a car has almost 200,000 miles, you can expect to lay out about $800-1,000 once each year for a new problem or routine maintenance.
This good news is that our Corolla has been paid off since 2009, and has been giving our family nearly free mileage ever since. Each year, I fork over the “lone car payment” from our emergency fund to the local Toyota dealer, and our car is as good as new.
Today I interviewed Craig Hemke to discuss other ways how poor and middle class Americans can get ahead in our bubble economy. Please leave a like and a comment if you like what your hear.
Make sure to open your Goldmoney account before it’s woulda, shoulda, coulda!